Seeking Alpha·2026-02-08 14:13Core Viewpoint - Harris Associates L.P. emphasizes a consistent investment philosophy focused on value investing, believing that stock prices will eventually reflect the underlying company's value [1] Company Philosophy - The company was founded in 1976 by investment professionals committed to delivering successful investment results through superior research and customer service [1] - Harris Associates identifies companies trading at significant discounts to their intrinsic value, aiming for those with substantial profit potential and management that acts as owners [1] Investment Process - The investment approach is framed as owning a piece of a business for the long term, highlighting the importance of intensive, fundamental research [1] - The research process involves a disciplined quantitative and qualitative screening, with analysts acting as independent thinkers rather than relying on Wall Street [1] - Analysts at Harris Associates are generalists who evaluate companies based on their fundamental characteristics [1]